316, Mag 890
Sold prices and rental history: sold once, by the developer in March 2020, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Mag 890
What is 316 worth today?
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Source: Dubai Land Department. Updated 31 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 519K · March 2020
- Building
- Mag 890
About 316, Mag 890
316 is a studio of 418 sqft on the 3rd floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 15 March 2020 for AED 518,870, or AED 1,241 per sqft, 20% above the AED 1,032 studios in the building were fetching at the time.
One Ejari contract is registered, from 31 January 2026. The current contract, signed on 31 January 2026, is AED 54,837 a year: a gross yield of 10.6% on the 2020 price.
Sales and rents for 316 over time
316 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Mag 890, and where 316 sits
All 104 studios →316 last sold in March 2020 at AED 1,241 per sqft, 20% above what studios in Mag 890 were fetching at the time (AED 1,032). Over the last 12 months studios sold for AED 607,782 to 800,000, around AED 1,874 per sqft, and rent for AED 40,000 to 65,000 a year. 316's AED 54,837 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 412 sqft | 670,000 | 1,627 | ||
| 10 Aug 202610 August 2026 | 394 sqft | 33,116 | 84 | ||
| 12 May 202612 May 2026 | 388 sqft | 800,000 | 2,064 | ||
| 16 Apr 202616 April 2026 | 394 sqft | 607,782 | 1,541 |
Mag 890
Building128 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,855 Up 8.0%
- Typical sale
- AED 775K
- Typical rent
- AED 57K /yr
- Typical yield
- 7.0%
Other units on the 3rd floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 427 sqft | AED 750KAED 750,000 · Apr 2025April 2025 | ||
| 302 | Studio | 471 sqft | AED 665KAED 665,000 · Jun 2024June 2024 | 55,000 /yr | |
| 303 | Studio | 433 sqft | AED 780KAED 780,000 · Oct 2025October 2025 | ||
| 304 | Studio | 398 sqft | AED 400KAED 399,960 · Apr 2019April 2019 | ||
| 305 | Studio | 413 sqft | AED 771KAED 771,400 · Nov 2023November 2023 | ||
| 306 | Studio | 417 sqft | AED 653KAED 653,000 · Dec 2023December 2023 | ||
| 307 | Studio | 414 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 50,000 /yr | |
| 308 | Studio | 418 sqft | AED 775KAED 775,000 · Feb 2026February 2026 | 60,000 /yr | |
| 309 | Studio | 417 sqft | AED 490KAED 490,000 · Jun 2022June 2022 | ||
| 310 | Studio | 396 sqft | AED 770KAED 770,000 · Feb 2026February 2026 | ||
| 311 | Studio | 397 sqft | AED 404KAED 404,000 · Apr 2019April 2019 | 60,000 /yr | |
| 312 | 1-bed | 802 sqft | AED 950KAED 950,000 · May 2023May 2023 | ||
| 313 | 1-bed | 752 sqft | AED 888KAED 888,000 · May 2022May 2022 | 80,000 /yr | |
| 314 | 1-bed | 793 sqft | AED 1.2MAED 1,200,000 · Oct 2026October 2026 | ||
| 315 | Studio | 416 sqft | AED 424KAED 424,000 · Jun 2020June 2020 | 60,000 /yr |
316, Mag 890 in numbers
- Sold once: by MAG on 15 March 2020 for AED 518,870, or AED 1,241 per sqft.
- Rented since January 2026 on one Ejari contract, at AED 54,837 a year.
- At AED 54,837 a year the gross yield on the 2020 price is 10.6%.
- Studios in Mag 890 sold for AED 607,782–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,855 per sqft.
Source: Dubai Land Department. Updated 31 January 2026.
Questions about 316, Mag 890
What did unit 316 last sell for?
AED 518,870 on 15 March 2020, sold by the developer: AED 1,241 per sqft for 418 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 54,837 a year on the contract signed on 31 January 2026.
How big is unit 316?
418 sqft (38.8 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.
What is unit 316 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 890 sold for AED 607,782 to 800,000 in the last 12 months, around AED 1,874 per sqft.
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Mortgage on 316, Mag 890
Starts from the last sale price (AED 519K, 15 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 518,870
- Deposit, UAE resident (20%)
- AED 103,774
- Deposit, non-resident (40%)
- AED 207,548
- Monthly over 25 years at 3.7%
- AED 2,123
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →